MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0000644
Marigold Logistics Private Limited - transportation in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.8 Cr
▲ 33% YoY
Net profit · FY 2025
₹2.07 Cr
Net margin 5%
EBITDA · FY 2025
₹7.32 Cr
EBITDA margin 17.5%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹36.35 Cr
Satisfied ₹14.82 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
25
Provident fund records
About Marigold Logistics Private Limited
Data last updated:
Marigold Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 18 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63013KA2010PTC055508. Its GSTIN is 29AAGCM8037Q1ZM (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Sigamani Parthipan and Kodihalli Sonnappa Suresh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy. No. 17/1 17/2 Kanekallu Village Jadiganahalli Hobl Hoskote, Bangalore, Karnataka, India – 562114.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.8 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Cr (net margin 5%) and EBITDA of ₹7.32 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 20% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.35 Cr and satisfied charges of ₹14.82 Cr on record. Court records list 3 cases involving the company. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.95 Cr; the latest was in December 2021. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is Triway Forwarders Private Limited with revenue of ₹41.89 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 24 overdue payments to 2 micro and small suppliers.
Marigold Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0000644). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marigoldlogistics.com.
Company Details of Marigold Logistics Private Limited
CIN U63013KA2010PTC055508
Registration Number 055508
Incorporation Date 18 October 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0000644
Recognitions & Rankings of Marigold Logistics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy. No. 17/1 17/2 Kanekallu Village Jadiganahalli Hobl Hoskote, Bangalore, Karnataka, India – 562114
- IndustryTransportation, Transportation Services
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Business Activity of Marigold Logistics Private Limited
The main business activity of Marigold Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Marigold Logistics Private Limited FY 2024 filings available
Marigold Logistics Private Limited reported revenue of ₹41.8 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹41.8 Cr ▲ 33%
Net profit · FY 2025
₹2.07 Cr margin 5%
EBITDA · FY 2025
₹7.32 Cr margin 17.5%
Compounded Annual Growth Rate (CAGR) of Marigold Logistics Private Limited
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 35%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 33% growth in the latest year. EBITDA rose 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Marigold Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.07 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Marigold Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Marigold Logistics are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Marigold Logistics Private Limited
Marigold Logistics has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sigamani Parthipan Also directs: HHL Global Private Limited | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Kodihalli Sonnappa Suresh | Director | 30 Sep 2011 | 15 Years 0 Months | Current |
Peer Comparison of Marigold Logistics Private Limited
Marigold Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triway Forwarders Private Limited | ₹41.89 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Port Translogistics Private Limited | ₹41.87 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Bhubaneswar, Odisha, India |
| Reliable Logistics Solutions Private Limited | ₹41.86 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Parulekars Shipping Private Limited | ₹41.86 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Demira Freight Linkers India Private Limited | ₹41.81 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Noida, Uttar Pradesh, India |
| Marigold Logistics Private Limited this company | ₹41.8 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Onwayy Cargo Private Limited | ₹41.73 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | Delhi, India |
| Sanjay Shipping & Logistics (India) Private Limited | ₹41.63 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Unitrans Movers and Logistics Private Limited | ₹41.6 Cr (FY 2024) | •••• | •••• | 589781.0% | •••• | Thane, Maharashtra, India |
| Gramdarsh Integrated Services Private Limited | ₹41.57 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Thrissur, Kerala, India |
| Ark Line Overseas Private Limited | ₹41.52 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Marigold Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Marigold Logistics Private Limited
Marigold Logistics Private Limited is audited by VISHNU DAYA & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHNU DAYA & CO. LLP | Locked | Locked | Locked |
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Ownership and Shareholding of Marigold Logistics Private Limited
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Charges & Borrowings of Marigold Logistics Private Limited
Open charges
₹36.35 Cr
Satisfied charges
₹14.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2024 | Hdfc Bank Limited | ₹39.15 Lakh | Open |
| 18 Apr 2024 | Hdfc Bank Limited | ₹5.78 Cr | Open |
| 10 Nov 2023 | Hdfc Bank Limited | ₹16.67 Lakh | Open |
| 15 Apr 2021 | Hdfc Bank Limited | ₹47.68 Lakh | Open |
| 16 Mar 2021 | Hdfc Bank Limited | ₹1.02 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Marigold Logistics Private Limited
Marigold Logistics Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.95 Cr; the latest was in December 2021.
Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹14.95 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2021 | Funding round | ₹5 Cr | Investors: 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Marigold Logistics Private Limited
Marigold Logistics Private Limited has 3 court cases on record: 3 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Company is another party | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Company is another party | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Disposed |
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MSME Payment Delays by Marigold Logistics Private Limited
Marigold Logistics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 24 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Shri Durga Crane Company | •••• | •••• | •••• |
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Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Marigold Logistics Private Limited
Marigold Logistics Private Limited has a workforce of 25 employees as of Mar 30, 2024.
Employee count
25
Active EPFO establishments
1
Employee growth
13.64%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Marigold Logistics Private Limited
Marigold Logistics Private Limited has 12 board changes on record since 2010: 7 appointments and 5 cessations. The latest: Susheela Thyagarajan ceased to be Director on 25 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.39 Cr with Charge ID 101088341 was registered on 30 Nov 2024.
AGM
Marigold Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.78 Cr with Charge ID 100923938 was registered on 18 Apr 2024.
Filing
Marigold Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100914030 was registered on 10 Nov 2023.
Ceased
Susheela Thyagarajan ceased to be Director.
Appointed
Sigamani Parthipan was appointed as Director.
Ceased
Ramesh Sampathkumar ceased to be Company Secretary.
Ceased
Paynoor Gopal Thyagarajan ceased to be Managing Director.
Charges
A charge with Hdfc Bank Limited of Rs. 15.81 Cr registered on 04 Dec 2017 with Charge ID 100159949 was modified on 03 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100441818 was registered on 15 Apr 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.02 Cr with Charge ID 100441822 was registered on 16 Mar 2021.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marigold Logistics Private Limited
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Subsidiaries & Group Companies of Marigold Logistics Private Limited
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Corporate group structure
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GST Compliance of Marigold Logistics Private Limited
Marigold Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM8037Q1ZM | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Marigold Logistics Private Limited
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Frequently Asked Questions about Marigold Logistics Private Limited
Marigold Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in transportation services, within the transportation industry. It was incorporated on 18 October 2010 (16+ years old) and is registered under CIN U63013KA2010PTC055508.
Marigold Logistics reported revenue of ₹41.8 Cr for FY 2025 (up 33% YoY).
Marigold Logistics has 2 current directors:
- Sigamani Parthipan - Director
- Kodihalli Sonnappa Suresh - Director
Marigold Logistics reported a net profit of ₹2.07 Cr (net margin 5%) and EBITDA of ₹7.32 Cr (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marigold Logistics is 35% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marigold Logistics is 29AAGCM8037Q1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Marigold Logistics is U63013KA2010PTC055508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marigold Logistics has 3 court cases on record. Most are in the district courts.
Marigold Logistics was incorporated on 18 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Marigold Logistics has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹14.95 Cr; the latest was in December 2021.
The peers of Marigold Logistics by revenue are Triway Forwarders Private Limited, Port Translogistics Private Limited, Reliable Logistics Solutions Private Limited, Parulekars Shipping Private Limited, Demira Freight Linkers India Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Susheela Thyagarajan ceased to be Director on 25 Nov 2022. Sigamani Parthipan was appointed as Director on 24 Nov 2022. Ramesh Sampathkumar ceased to be Company Secretary on 31 Oct 2022. Marigold Logistics has 12 board changes on record in total.